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    ヨーロッパニューズレター2020年9月29日号
    2020-09-29

    . .1. はじめに Covid-19 の影響が残る 2020 年 6 月 26 日、英国新倒産法(Corporate Insolvency and Governance Act 2020)が施行され、英国 倒産法の大改正が実施されました。英国新倒産法の最大の目的は、債務者フレンドリーな倒産制度の確立にあります。欧州の ファイナンスのハブとして機能する英国は、これまでは比較的、債権者フレンドリーな倒産制度を採用していましたが、新倒産法に より方向転換が図られています。 本ニューズレターでは、ファイナンスの視点から、英国倒産法を概説すると共に、英国新倒産法によるファイナンス実務への影 響を考察します 1 。 2. 英国企業倒産手続及びその適用範囲 (1) 英国企業倒産手続とモラトリアム 英国の企業倒産手続には、主として①清算手続(Liquidation 又は Winding up)、②会社任意整理(Company Voluntary Arrangement)、③スキームオブアレンジメント(Scheme of Arrangement)、④会社管理手続(Administration)及び⑤財産管理手続 (Receivership)があります。

    Filed under:
    Germany, United Kingdom, Banking, Insolvency & Restructuring, Nishimura & Asahi
    Location:
    Germany, United Kingdom
    Firm:
    Nishimura & Asahi
    The critical moving parts in the coming months for the retail sector
    2020-09-25

    Along with tightening social controls, the months ahead will be defined by various critical relationships and the rules that govern them. Of course they all interlock: material change in any of them impacts each of the others. Which causes multiple complexities in decision-making and risk assessment processes, both within a business and when looking at critical suppliers and customers:

    Landlords and Tenants:

    Filed under:
    European Union, United Kingdom, Banking, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Projects & Procurement, Public, Real Estate, Addleshaw Goddard LLP, Brexit, Coronavirus
    Authors:
    David Young
    Location:
    European Union, United Kingdom
    Firm:
    Addleshaw Goddard LLP
    In God We Trust, All Others Pay Cash Collateral: Can Chapter 11 Bankruptcy Debtors Use Assigned Rents for Business Reorganizations Under Ohio Law?
    2020-09-24

    IN BRIEF

    Filed under:
    USA, Ohio, Banking, Insolvency & Restructuring, Litigation, Real Estate, Maurice Wutscher LLP, Coronavirus, European Securities and Markets Authority
    Location:
    USA
    Firm:
    Maurice Wutscher LLP
    BREAKING NEWS: Government seek to extend moratorium on the issue of Statutory Demands and Winding Up Petitions, prohibition on Termination Clauses and modification to eligibility for the new Moratorium procedure
    2020-09-24

    There has been much speculation, but little certainty, as to whether the government intended to extend the provisions of the Corporate Insolvency and Governance Act 2020 (the 2020 Act).

    Today (24th September) the Government has laid before parliament regulations designed to extend the protection offered to struggling businesses by the 2020 Act, beyond the original 30 September deadline.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Deka Chambers, Corporate governance, Coronavirus
    Location:
    United Kingdom
    Firm:
    Deka Chambers
    Practical guides on orphan SPV repackaging transactions for Hong Kong SAR and Mainland China clients
    2020-09-23

    Part 1: Introduction to orphan SPV repackaging transactions for Hong Kong SAR and Mainland China clients

    This article was written by Richard Mazzochi, Minny Siu, Angus Sip and Ryan Iskandar

    Filed under:
    China, Hong Kong, Banking, Insolvency & Restructuring, King & Wood Mallesons
    Authors:
    Richard Mazzochi , Minny Siu , Xue Jiacong , Ryan Iskandar
    Location:
    China, Hong Kong
    Firm:
    King & Wood Mallesons
    Court of Appeal summaries (September 7 - September 18, 2020)
    2020-09-21

    Good afternoon.

    Following are our summaries of the civil decisions of the Court of Appeal for Ontario for the weeks of September 7 to 11 and September 14 to 18, 2020.

    The past two weeks saw ten substantive decisions released by the Court of Appeal. Topics covered included bankruptcy & insolvency, contracts (freight), enforcement of letters of request by foreign courts, family law and insurance, as well as the usual procedural decisions relating to extensions of time and appellate jurisdiction.

    Wishing everyone an enjoyable weekend.

    Filed under:
    Canada, Ontario, British Columbia, Banking, Family, Human Rights, Insolvency & Restructuring, Insurance, Litigation, Projects & Procurement, Blaney McMurtry LLP, Bankruptcy, Mediation, Coronavirus
    Authors:
    John Polyzogopoulos
    Location:
    Canada
    Firm:
    Blaney McMurtry LLP
    Fighting Cryptocurrency Fraud: What’s in the English Lawyer’s Toolkit?
    2020-09-17

    This article by Jeremy Richmond QC and Chris Recker of Trowers & Hamlins was first published in International Corporate Rescue by Chase Cambria.

    OVERVIEW

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, White Collar Crime, Quadrant Chambers, Blockchain, Fraud, Bitcoin, Cryptocurrency, Cybersecurity, Coronavirus
    Authors:
    Jeremy Richmond KC
    Location:
    United Kingdom
    Firm:
    Quadrant Chambers
    When you can’t get to the pool - Section 90-15 to the rescue on remuneration
    2020-09-15

    Re Redstar Transport Pty Ltd (in liq) [2020] VSC 547

    The joy of a summertime splash in the pool seems like a distant memory, at least for those of us in lockdown here in Melbourne.

    Similarly elusive can be the granting of a pooling order under section 579E of the Corporations Act 2001 (Cth) for a corporate group in liquidation.

    Filed under:
    Australia, Banking, Insolvency & Restructuring, Litigation, The Commercial Bar Association of Victoria
    Authors:
    Raini Zambelli
    Location:
    Australia
    Firm:
    The Commercial Bar Association of Victoria
    Brasília em Pauta
    2020-09-15

    Esta é a primeira edição do “Brasília em Pauta”, um boletim preparado pela equipe de Contencioso de Brasília, contendo os principais casos a serem julgados pelo Supremo Tribunal Federal (STF), Superior Tribunal de Justiça (STJ) e Tribunal de Contas da União (TCU), bem como importantes questões a serem votadas pela Câmara dos Deputados e Senado Federal.

    Filed under:
    Brazil, Banking, Employment & Labor, Energy & Natural Resources, Environment & Climate Change, Insolvency & Restructuring, Litigation, Tax, Telecoms, White Collar Crime, Mayer Brown
    Location:
    Brazil
    Firm:
    Mayer Brown
    Restoration of Crown Preference - What are the implications for borrowers and lenders?
    2020-09-11

    Background

    The Finance Act 2020 received Royal Assent on 22 July 2020 and will restore HMRC as a preferential creditor on insolvency (Crown Preference) with effect from 1 December 2020.

    There had been speculation that the Government would shelve or at least postpone the reintroduction of Crown Preference in the wake of Covid-19. In fact, even before the pandemic, the proposals had been widely criticised by the restructuring and insolvency industry as harmful to the UK’s corporate rescue culture.

    Filed under:
    European Union, United Kingdom, Banking, Insolvency & Restructuring, Tax, Stephenson Harwood LLP, Due diligence, Coronavirus, HM Revenue and Customs (UK)
    Authors:
    Don Brown , Lisa Marks
    Location:
    European Union, United Kingdom
    Firm:
    Stephenson Harwood LLP

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